NEW YORK, NY--(Marketwire - December 31, 2010) - Global Investor Services, Inc. (OTCBB: GISV) ("Global" or the "Company") announced today that the Company's senior management (the "Members") have individually agreed to cancel their ownership rights to certain common stock options to acquire common shares, warrants to acquire common shares, and convertible notes (the "Securities") issued to the Members by the Company. The Company issued the Securities to the Members in connection with individual employment agreements and unpaid accrued salaries.